Join our community of traders FOR FREE!

  • Learn
  • Improve yourself
  • Get Rewards
Learn More

Sasol Limited said on Friday that it had appointed Simon Baloyi as President, Chief Executive Officer and executive director of the company, effective April 1st 2024.

Simon Baloyi is to succeed Fleetwood Grobler, who will continue to serve as an executive advisor until December 31st 2024 in order to ensure a smooth and structured handover.

“Through Fleetwood’s resolute leadership, Sasol is on track to be more resilient, and live up to our purpose of innovating for a better world. In January 2024, Fleetwood will celebrate his 40th service anniversary with Sasol and we are extremely thankful for his dedication and commitment to Sasol over his illustrious career,” Stephen Westwell, Chairman of Sasol, said in a press release.

At present, Simon Baloyi serves as Executive Vice President, Energy Operations and Technology at Sasol. He has assumed a number of management roles since he joined the Sasol Group in 2002.

Baloyi holds Master’s degrees in Engineering Management and in Chemical Engineering.

“In addition, the Board has full confidence in Simon’s ability to lead Sasol. We believe that his strategic outlook, excellent leadership skills, technical and business acumen and deep experience of our operations will stand him in excellent stead to take over the helm,” Westwell added.

TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.

Related News

  • Facebook Inc.’s revenue beats analysts’ estimates amid mobile pushFacebook Inc.’s revenue beats analysts’ estimates amid mobile push Facebook Inc. made a statement announcing that more than half of its advertising revenue for the last quarter came from mobile devices. The company said that its revenue increased by 63% and reached 2.59 billion dollars, and its profit […]
  • Forex Market: EUR/CAD daily trading forecastForex Market: EUR/CAD daily trading forecast Friday’s trade saw EUR/CAD within the range of 1.3382-1.3523. The daily low has also been the lowest level since May 31st 2013, when a low of 1.3375 was recorded. The pair closed at 1.3416, losing 0.56% on a daily basis.At 8:42 GMT today […]
  • Grain futures mixed, soybeans advance on strong demand for US suppliesGrain futures mixed, soybeans advance on strong demand for US supplies Grain futures were mixed on Wednesday, with soybeans advancing on increased Chinese demand for US supplies, while wheat and corn declined.On the Chicago Board of Trade, soybeans futures for settlement in March surged by 0.35% to trade at […]
  • US stock futures unchanged, waiting on US dataUS stock futures unchanged, waiting on US data US stock index futures were almost unchanged today as important data on US unemployment rate is yet to be released. The important indicator could be a turning point in the discussion of whether US government should taper on bond buying […]
  • USD/CAD holds near 5-week high ahead of Fed, BoC decisionsUSD/CAD holds near 5-week high ahead of Fed, BoC decisions The USD/CAD currency pair held in proximity to a 5-week high of 1.3788 on Wednesday with focus on central bank policy decisions.The Federal Reserve is widely expected to leave its federal funds rate target range intact at 4.25%-4.50% at […]
  • WTI futures set for best week in five months on US growth, inventoriesWTI futures set for best week in five months on US growth, inventories West Texas Intermediate crude rose on Friday, having touched a five-week high on Thursday, and headed for its best weekly performance since early July after larger-than-expected US GDP growth improved oils demand prospects in the worlds top […]